7/14/08

Economics

In the dollars for oil exchange who benefits the most?:

http://mjperry.blogspot.com/2008/07/q-who-ends-up-with-oil.html

protectionism (Free trade is a major positive for world and US economic growth.). The benefits of free trade:

http://mjperry.blogspot.com/2008/07/medellin-economic-miracle-its-saving.html

In case you missed it, here is the text of Paulson’s statement on Fannie Mae and Freddie Mac:

http://paul.kedrosky.com/archives/2008/07/13/treasury_statem.html

Politics

Domestic

Obama on Iraq:

http://www.nytimes.com/2008/07/14/opinion/14obama.html?_r=1&hp&oref=slogin

International War Against Radical Islam

The Market

Technical

The percentage of stocks above their 50 day moving average:

http://bespokeinvest.typepad.com/bespoke/2008/07/percentage-of-s.html

NYSE short interest hits all time high:

http://bespokeinvest.typepad.com/bespoke/2008/07/nyse-short-inte.html

Fundamental

The weekend news on the relief effort for Fannie Mae and Freddie Mac will surely help stock prices today. However, the sales depicted in the last Subscriber Alert will still be made at the Market open.

News on Stocks in Our Portfolios

More Cash in Investors’ Hands

InBev buys Anheuser Busch for $70 a share cash ($52 billion):

http://biz.yahoo.com/prnews/080714/nym060.html?.v=101